Best places to live in Spain

Spain has long been one of the most sought-after destinations for UK citizens looking to move abroad.

In fact, in our British Expat Report 2024 we analysed data for over 18,000 property purchase transactions and found that Spain was the second most popular destination (France came first and Portugal came third) when it came to buying overseas property.

In this article, we’ll explore some of the best places to live in Spain. Whether you’re a retiree seeking a peaceful retreat, a family looking for quality living, or a professional advancing your career, there’s a perfect spot in Spain waiting for you.

Madrid – the heart of Spain’s economy and culture

Spain’s vibrant capital, Madrid, is the heart and financial hub of the country. Known for its cosmopolitan atmosphere, world-class cultural scene and thriving economy, Madrid is a fantastic place for professionals seeking career opportunities. Home to some of the country’s biggest businesses and international companies, the city offers a wide range of jobs in finance, technology and media.

Madrid is also renowned for its vibrant arts and entertainment scene. With world-famous museums like the Prado and Reina Sofía, countless theatres, and a dynamic nightlife, there’s no shortage of things to do.

Madrid may not be the cheapest city in Spain, but it offers a high standard of living, excellent healthcare, and top-tier educational institutions. It’s ideal for professionals and families who value both career growth and cultural enrichment.

Barcelona – a hub of creativity and innovation

If Madrid is Spain’s financial hub, then Barcelona is its creative counterpart. This coastal city is famous for its Modernist architecture, particularly the works of Antoni Gaudí, and its vibrant startup scene. Barcelona has become a major hub for technology and entrepreneurship, making it an ideal place for creative professionals and tech-savvy innovators.

Barcelona is also home to a relaxed Mediterranean lifestyle. With its beautiful beaches, mild climate, and a fantastic culinary scene, it’s easy to see why so many expats choose to settle here. The city’s unique blend of modernity and tradition, along with a laid-back atmosphere, offers the best of both worlds.

For those raising a family, Barcelona offers excellent international schools, extensive healthcare services, and a myriad of outdoor activities that cater to all ages. It also offers a well-connected public transport system that makes getting around the city a breeze.

Costa del Sol – a sunny haven for relaxation

The Costa del Sol is one of the most popular destinations for retirees, and with good reason. Located along Spain’s southern coast, this region is known for its beautiful beaches, sunny weather and an abundance of golf courses. Towns like Marbella, Fuengirola and Nerja offer a relaxed pace of life, where retirees can enjoy the outdoors year-round.

The Costa del Sol’s warm, Mediterranean climate is a major draw, with over 300 days of sunshine annually. It’s perfect for those who want to enjoy a leisurely lifestyle filled with beach walks, al fresco dining and visits to charming nearby villages. The area also boasts excellent healthcare facilities and a large expat community, which means English is widely spoken, and it’s easy to find services catered to international residents.

While Marbella is often associated with luxury living, there are plenty of more affordable towns along the coast, offering a wide range of housing options to suit different budgets. Whether you’re looking for a quiet seaside retreat or a more vibrant expat community, the Costa del Sol has something for every retiree.

Valencia – a family-friendly coastal city

Valencia is Spain’s third-largest city but offers a more relaxed alternative to Madrid or Barcelona. It’s perfect for families looking for a blend of city life with easy access to the beach. With a lower cost of living than Madrid or Barcelona, Valencia provides affordable housing, excellent schools, and a safe, family-friendly environment.

The city’s location on the Mediterranean coast means residents enjoy warm weather, beautiful beaches, and a more laid-back lifestyle. Valencia is also home to the City of Arts and Sciences, a cultural and architectural complex with museums, a planetarium, and an oceanarium, providing plenty of educational and recreational opportunities for children and adults alike.

Valencia’s public transport system is also very efficient, and its healthcare and education sectors are well-regarded, making it a top choice for families who want the benefits of metropolitan living without the high costs and fast pace of larger cities.

Mallorca – embrace nature and tranquillity

For those who crave a life close to nature, the island of Mallorca in the Balearic Islands is an excellent choice. Known for its stunning beaches, rugged mountains and charming villages, Mallorca offers a slower pace of life perfect for those who want to embrace outdoor living. Hiking, cycling and sailing are popular activities here, thanks to the island’s diverse landscapes.

Mallorca is not just about nature, though. The capital, Palma, is a vibrant city with a thriving arts scene, excellent restaurants and historical attractions, including the stunning Palma Cathedral. For families, there are international schools, and healthcare on the island is of a high standard.

Mallorca attracts a mix of retirees, families and remote workers who enjoy its natural beauty and peaceful lifestyle. The island has a growing expat community, making it easier for newcomers to settle in.

How can we help?

If you’re considering moving to Spain, it’s highly likely you’ll need to send money overseas as part of the process. That’s where Currencies Direct comes in.

We offer highly competitive exchange rates with zero transfer fees, a range of specialist transfer tools, and personal account management. Together, these benefits can help you simplify your overseas transactions and potentially save a significant amount of money.

If you want to find out more you can get in touch with the team, or go ahead and create a free account. Once you’ve signed up, there’s no obligation to make a transfer – you’re in complete control.